Dear readers, after a bout of selling, Singapore stocks rebounded yesterday, together with regional stocks. Is it the start of a rebound? Or is the longer-term market outlook still south? Whatever it is, there is no deny that some billion-cap stocks, a number of which are the so-called “blue-chip” stocks have been sold down to the extent that fourteen of them are trading at their 52-weeks lows. These fourteen stocks are as below in the order of (name of stock) followed by (% from their 52-weeks trading lows).
1) UOB-Kay Hian Holdings Limited -
2) Frasers Hospitality Trust -
3) Sinarmas Land Limited -
4) CITIC Envirotech Ltd. -
5) OUE Limited -
6) NetLink NBN Trust -
7) Suntec Real Estate Investment Trust -
8) Frasers Property Limited 0.55%
9) M1 Limited 0.58%
10) Singapore Telecommunications Limited 0.62%
11) Starhill Global Real Estate Investment Trust 0.74%
12) Ascott Residence Trust 0.91%
13) SPH REIT 1.02%
14) Wheelock Properties (Singapore) Limited 1.16%
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